What Is Environmental Economics?
What Is the Americans With Disabilities Act?
How Does the Government Borrow Money?
What Is Economic Growth?
Why Is the American Flag Red, White & Blue?
Positive Effects of Immigration
How to Start a Debate
About Different Types of Economies
What Is a Mixed Economy?
What Is a Recession?
What Is the National Grid?
A recession is defined by two consecutive quarters of decline in a nation's gross domestic product. Learn … More
To make money trading currency, understand what makes the currency for a country go up or down in value, a… More
U.S. currency is all of the cash and liabilities that the United States owes to other people. It is consid… More
Sure, market competition can often eventuate in the development of a better widget, a better drug, or even… More
Currency trading, otherwise known as forex trading, is done on margins. What this means is a small amount … More
"Bull market" usually refers to the stock market, but can be applied to bonds, currencies, commo… More
In a free market system, the value of a currency rises and falls depending on the value of what is support… More
Even if the economy is in a tailspin—it's still possible to hang on to your job. Not everyone will lose th… More
The economy is not doing well. Stocks and mutual funds lose part of their value each day. You need to know… More
Summary: A recession is defined by two consecutive quarters of decline in a nation's gross domestic product. Learn about the National Bureau of Economic Research, which looks to pinpoint when recessions start and end, with help from an online campaign manager in this free video on economics and recession.
Bill Scher is a professional political blogger and one of the six original bloggers to have famously met with Bill Clinton at his Harlem office. He works for several Washington DC...read more
"What is a recession? Traditionally, a recession is defined by two consecutive quarters -- quarters in the year -- of decline in a nation's gross domestic product. And the gross domestic product is the total accumulation of a nation's goods and services produced. Now, in the United States, we have a National Bureau of Economic Research that has looked to pinpoint when recessions start and end. They actually use a more qualitative determination that's not as rigid as two quarters of declining GDP. They look at a host of factors that include unemployment, income, sales, and to try to assess general economic decline, not strictly GDP. For example, they dated the current recession that began December... They dated from December 2007, even though there was slight increases in GDP for a portion of that, they still pinpointed the recession as beginning at the time because there were other aspects of economic decline."
eHow Article: What Is a Recession?
Copyright © 1999-2009 eHow, Inc. Use of this web site constitutes acceptance of the eHow Terms of Use and Privacy Policy. en-US
